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Updated about 12 years ago,

Ron Steele's profile image
Ron Steele's profile image
Ron Steele
  • from Birmingham, Alabama
  • Member since Jul 22, 2012
Connect

User Stats

108
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10
Votes
Ron Steele's profile image
Ron Steele's profile image
Ron Steele
  • from Birmingham, Alabama
  • Member since Jul 22, 2012
Connect
Ron Steele
  • Birmingham, AL
10
Votes |
108
Posts
Multi-Family and Apartment Investing

First multi family deal

Ron Steele
  • Birmingham, AL
Posted

Hello,

I have a deal for a 6 unit apartment with great cashflow. Just wanted to ask more experienced investors that if the bank will loan 75%~80% do they allow the seller carry back the remaining balance? Should I shop around for banks to see. Which will allow this or are lenders now a days requiring skin in the game?

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